Deciding which course to pursue is in itself a tough task for students and parents. Most of the situation it is influenced by custom, like, what other relatives did or friends did etc. Even if the student is decided to go for commerce stream, the real confusion comes when the question of selecting Bcom or…
1. First five-year plan in India was from (A) 1947 – 1952 (B) 1949 – 1954 (C) 1950 – 1955 (D) 1951 – 1956 Ans . D 2. First five-year plan was based on? (A) Harrod -Domar Model (B) P.C. Mahalanobis Model (C) Both of above (D) None of above Ans . A 3. Consider…
1. What option does the central government does not include in development expenditure? A) Grant to States B) Expenditure on Social and Community Services C) Expenditure on Economic Services D) Defence Expenditure Answer: D 2. Approx. __ % of Indian population is still Agriculturist. (A) 46% (B) 50% (C) 58% (D) 64% Ans . C…
1. Advantage of incorporated company is (a) Corporate disclosures (b) Common seal (c) Capacity to sue (d) Windier up procedure Answer: C 2. Find the odd one out:- (a) Private Company (b) Public Company (c) Consumer Company (d) Producer Company Answer: C 3. Joint shareholders are counted as (a) Two (b) No limit (c) 50…
1. What are the limits of number of members in a Private Company? (a) Fifty (b) Seven (c) Twenty (d) Two hundred Answer: D 2. If XYZ is the holding company of P&R Ltd. then, which of the following statement is not true in this regard. (a) XYZ Ltd. controls the composition of Board of…
1. How many members should sign the MOA in case of public company? (a) 1 (b) 5 (c) 3 (d) 7 Answer: D 2. —————-conceives the idea of the business. (a) Promoters (b) Auditors (c) Directors (d) Shareholders Answer: A 3. Shares of company are freely transferable. (a) Private company (b) Public company (c) Both (a) & (b)…
1. Which of the following statements is not true? (a) A company is an artificial person created by law. (b) A company can do every act like a natural person except the acts which are purely of personal nature. (c) A company can be held liable for violation of the statutory provisions of the Companies…
1. ……….. are words, which appear innocent, but have a latent defamatory meaning (a) Libel (b) Slander (c) Innuendo (d) None of the above Ans. (c) 2. Unliquidated damages mean (a) Damage to something solid. (b) Damage caused by a firm which has gone in liquidation (c) Damage to a firm in the hands of receivers. (d) Damage to…
1. Indian financial system comprises of both ———————-and ———————-sector. Ans. organized and Unorganized sector. 2. SEBI was given legal status in the year————-set up in1988 Ans . 1992 3. Non-banking assets and Non-performing assets are synonymous term. (True or False) 4. The Indian money market does not deal in cash or money but in promissory notes,…
What is budget? Budget is the annual financial statement of the estimated receipts and expenditure of the government for the particular year. It is legal document because legislature passed it and the President approved it. The prime motive of Government financial management is to determine how adequately the financial and resource management responsibilities have been…
